The important thing is to keep playing, to play against weak opponents and to play for big stakes.
Warren BuffettDiversification is a protection against ignorance. It makes very little sense for those who know what they're doing.
Warren BuffettEvery day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.
Warren BuffettWell, one time some attractive woman sat next to Charlie and asked him what he owed his success to, and, unfortunately, she insisted on a one word answer. He had a speech prepared that would have gone on for several hours. But when forced to boil it down to one word, he said that was "rational". You know, he comes equipped for rationality, and he applies it in business. He doesn't always apply it elsewhere, but he applies it in business and that has made him a huge business success.
Warren Buffett